Mr. Reyes places 100,000Php in a time deposit which pays nine percent per annum compounded continuously. How much will be in the account after 3 years?

Q: $600 is deposited in an account that pays 7% annual interest compounded continuously what is the…

A:

Q: Over an 8 year period, Mark's investment rose from $12,000 to $27,500. Assuming continuous…

A:

Q: Camila invested $9,100 in an account paying an interest rate of 4.6% compounded continuously.…

A: Given problem:- Camila invested $9,100 in an account paying an interest rate of 4.6% compounded…

Q: If $35,000 is invested at 2.9% interest compounded continuously, how long will it take for the…

A:

Q: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

A: A=New balance=? P=Amount invested=$800 r=Rate=4.25%=0.0425 t=Time=5 years n=Number of times it is…

Q: What rate of interest compounded annually is required todouble an investment in 6 years?

A: We know that, A=P1+rnnt         ...(1) Where A =  final amount. P = Initial principal balance r =…

Q: Find the accumulated amount after 3 years if $2500 is invested at 5%/year compounded continuously.…

A: Given that 2500 is invested at 5%/year compounded continuously. To find the accumulated amount after…

Q: Upon the birth of their first child, a couple deposited $5000 in an account that pays 8% interest…

A:

Q: The doubling time of an investment with continuous compound interest is 12.7 years. If the…

A: Given:  Today's Investment=$20,000 Doubling Time=12.7 years Time=5 years To find: Worth of…

Q: An investment of 50,000 php was made in bank that offers 0.5% interest compounded continuously.…

A:

Q: How much will a deposit of 5000 taka grow to in 20 years at 6% interest compounded continuously?

A: If the interest is compounded continuously, then the following formula is used. A=Pert , where, A is…

Q: Jaidee invests $1,966 in a savings account with a fixed annual interest rate of 2.45% compounded…

A: The formula for continuous compound interest is given by A = Pert Where A is future value P is the…

Q: If $5,000 is deposited in an account that receives 6.1% interest compounded continuously, how much…

A: Given, Initial amount deposited, P=$5,000Rate of interest, r=6.1%=0.61

Q: Find the present value of amount. $7300 if interest is 5% compounded continuously for 3 years

A: Given, $7300 if interest is 5% compounded continuously for 3 years We use the formula A=Pert

Q: Suppose you invest $17,290 in an account that earns interest at an APR of 3.4%,compounded…

A:

Q: Find the present value of amount. $26,000 if interest is 3.75% compounded continuously for 7 years

A: Given: $26,000 if interest is 3.75% compounded continuously for 7 years. To Find: The present value…

Q: Eli invested $9,400 in an account paying an interest rate of 2.3% compounded continuously. Assuming…

A:

Q: If $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how…

A: According to the question, we have to find the total amount after 3 years , If $20,000 is invested…

Q: Naomi invested $920 in an account paying an interest rate of 4.7% compounded continuously. Assuming…

A:

Q: What annual rate of interest compounded annually is required to double an investment in 7 years?…

A: The formula to calculate compound interest is A = P ( 1 + r/n )t*n

Q: Hannah invested $540 in an account paying an interest rate of 4.7% compounded continuously. Assuming…

A: Given the interest is compounded continuously

Q: Hannah places $ 6500 into an account earning 7.25% interest compounded continuously, how much will…

A: The formula for calculating the future value of  continuously compounded interest is, The given…

Q: You deposit $5000 in an account earning 3% interest compounded continuously. How much will you have…

A: See the attachment

Q: You deposit 4000 in an account earning 4% interest compounded continuously. How much will you have…

A:

Q: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

A: The doubling time of an investment with continuous compound interest is 12.4 years. If the…

Q: Complete the table for a savings account in which interest is compounded continuously. Initial…

A: To Determine:  Complete the table for a savings account in which interest is compounded…

Q: Find the interest rate required for an investment of$5000 to grow to $7500 in 5 years if interest is…

A: Given the principle of investment (P) =$5000 , amount after 5 years (A)=$7500 and time duration…

Q: Carlos invests $1,357 in a savings account with a fixed annual interest rate of 8% compounded…

A: Invested amount (p) = $1357  Interest rate = 8% Time period= 8 years   We have to calculate the…

Q: If $12,000 is deposited in an account paying 8% interest per year, compounded continuously, how long…

A:

Q: A person places $5000 in an account that accrues interest compounded continuously. Assuming no…

A: Amount of $5000 is placed in an account that compounded continuously for 7 years with the rate of…

Q: You want to have $300,000 when you retire in 30 years. If you can earn 5% interest compounded…

A:

Q: Compute the balance after 10 years if $2000 is deposited in an account paying 9% interest and…

A: Initial amount=P=2000  Time=t=10 years  Interest rate=r= 9%=0.09  Final amount=A=? a) compounded…

Q: You want to have $400,000 when you retire in 25 years. If you can earn 9% interest compounded…

A: Need to find how much money need to deposit into account to reach goal

Q: You deposit $5000 in an account earning 5% interest compounded continuously. How much will you have…

A: The accumulated value for interset paid continuously is given by A=Pert. Here, P=$5000,r=0.05 and…

Q: How much will $100 grow to if invested at a continuously compound interest rate of 8.5% for 9 years?

A: The compound interest formula for an amount P compounded annually at an interest rate of r% for a…

Q: $35,000 is invested at 2.9% interest compounded continuously, how long will it take for the account…

A: Given: $35,000 is invested at 2.9% interest compounded continuously. To find: How long will it take…

Q: Jace invested $380 in an account paying an interest rate of 6.2% compounded continuously. Assuming…

A:

Q: What is the doubling time for: (a) $1500 invested into an account bearing 3% interest compounded…

A: To find the doubling time for  (a) $1500 invested into an account bearing  3% interest compounded…

Q: Bella invested $8,400 in an account paying an interest rate of 1.9% compounded continuously.…

A:

Q: Gabriella invests $4,114 in a retirement account with a fixed annual interest rate of 4.87%…

A: A(t) = P ert where,                 P = $ 4114                 r = 4.87% =…

Q: Suppose your great-great grandfather invested $300 earning 3.5% interest compounded continuously 100…

A:

Q: If $2000 is invested for 3 years at 8% compounded quarterly how much intrest in dollars will be…

A: Given that, P = $2000, n = 4, R = 8% and t = 3. Calculate the value of A. A=P(1+rn)nt…

Q: how long will it take to have a final balance of $100,000 if $1,000 is invested at 5% interest rate…

A:

Q: Find the accumulated amount after 3 years if $4000 is invested at 3%/year compounded continuously.…

A:

Q: suppose that $2200 is borrowed for seven years at an interest rate of 2% per year, compounded…

A:

Q: $1500 is invested at a rate of 8% coumpounded quarterly. What is the amount at the end of 5 years?

A:

Q: suppose you deposit $800 in an account that pays 4.25% annuanl interest compounded quarterly for…

A: Given: Initial value:  $800 annual interest: 4.25%  compounded quarterly time: 5 years. The interest…

Q: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

A: You want to have $100,000 when you retire in 10 years. If you can earn 7% interest compounded…

Q: David invested $220 in an account paying an interest rate of 1.7% compounded continuously. Assuming…

A: